Victorian Current Acts Victorian Current Acts(1) This section applies to a policy of accident insurance or indemnity operating to insure or indemnify an employer against claims under this Act.
(2) Subject to subsections (3) and (4), a policy shall not insure or indemnify the employer against any additional amount payable by him by virtue of the provisions of section 2D(1) or section 2D(2).
(3) Where the employer is not entitled to be recompensed from the Fund for any additional amount payable by him, the policy shall insure or indemnify the employer for that amount.
S. 2E(4) amended by No. 10191
s. 258(4)
(a)–(c).
(4) Subsection (3) shall not be construed as having required an employer to be insured or indemnified in respect of an amount in respect of which an employer had elected not to be insured or indemnified pursuant to the provisions of section 72(1)(a) as in force before the appointed day.
S. 2F inserted by No. 9297 s. 2.